Responding to concerns over environmental protection, the Prospectors and Developers Association of Canada (PDAC) has urged members to comply with the environmental policy adopted by the Mining Associ…
Base metal and many minor metal inventories rose again during May and early June, reaching their highest levels in years. The reasons vary, but relate mostly to an ease in demand caused by declining m…
Despite a winter program which yielded encouraging results, Westminer Canada has decided to terminate its option on Cache Explorations’ (ME) Fenton property near Chapais, Que. Hole 93-03, drilled to t…
Trenching on the Aztec project, 70% of which is owned by Skyline Gold (TSE), has outlined three high-grade copper-zinc-silver zones for reconnaissance drilling this summer. Nine trenches were complete…
A feasibility study by Dynatec Engineering on the Komis gold deposit near La Ronge, Sask., has been deemed positive by property-holder Waddy Lake Resources (TSE). According to the report, Komis contai…
For the first time, the Ontario Mining Association (OMA) has elected a chairman from a mining company in southern Ontario. W.R.C. (Bill) Macdonald is president and chief executive officer of CGC Inc.,…
Red Fox Minerals Ltd. — 1,000,000 shs @ 50 cents. Dorset Exploration Ltd. — 1,700,000 shs @ $18.25. CS Resources Ltd. — 3,000,000 shs issuable upon the exercise of 3,000,000 special wts @ $7.30 per…
The Canadian Geological Foundation, a non-profit organization noted for its support of education in the earth sciences, is seeking donations to help it restore documents of historical significance. It…
Well-known mining engineer Gordon Richard (Dick) Cunningham-Dunlop died recently in Oakville, Ont. He had just turned 61. Mr. Cunningham-Dunlop was born in Haileybury, Ont., a son of the late John (Ja…
Drilling on the Wellmet Lake property, near Lynn Lake, Man., has intersected encouraging base metal values, Registry Resources (ME) reports. A deep hole on the main copper-zinc deposit contained sever…
Operating costs of US$216 per oz. were reported by Cathedral Gold (TSE) for the first quarter, compared with US$268 per oz. for the same period last year. The decrease was due to slightly-higher-than-…
Week’s Price (US) Change Gold* $370.65 + $2.40 Silver* $ 4.37 $0.00 Platinum* $383.40 $5.85 Nickel** $ 2.52 $0.03 Lead** $ 0.18 $0.00 Copper $ 0.83 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiabank. In…
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